Win the bid! Jinglan Cement Wins a Mining Right

Recently, China Cement Network learned from the Ministry of Natural Resources of the People's Republic of China that on May 4, Hubei Jinglan Cement Group Co., Ltd. won the mining right of cement limestone mine in Yanghuling Mining Area, Jingshan City, Hubei Province, with a transaction price of 67.67 million yuan and a proposed transfer period of 15 years. Announcement of

Transaction Result of Cement Limestone Mining Right Transfer in Yanghuling Mining Area, Jingshan City,

Hubei Province (Announcement No.: Jing Kuang Wang Gua Shi Zi [2023] No.2)

Entrusted by Jingmen Natural Resources and Planning Bureau, From 9:00 on April 19, 2023 to 16:00 on May 4, 2023, Jingmen Land and Resources Trading Center publicly sold the mining right of cement limestone mine in Yanghuling Mining Area of Jingshan City by online listing. The transaction results are announced as follows:

1.

Name of Bid Winner/Bidder: Hubei Jinglan Cement Group Co., Ltd.

Place: Panyan Village, Yongxing Town, Jingshan City

Unified Social Credit Code: 91420821714680335Q

II. Transaction Time, Venue

: May 4,

2023 Venue: Mining Rights Online Trading System

of Hubei Public Resources Property Rights Trading Network III. Basic Information of

Mining Right Transaction Project Name: Limestone

Mine for Cement in Yanghuling Mining Area, Jingshan City, Hubei Province Mineral Type: Limestone

for Cement Location: Yanmenkou Town, Jingshan City, Hubei Province

Area: 0.6394 square kilometers. The coordinates of the inflection point are as follows (2000 national geodetic coordinates):

No. Longitude Latitude 13418600.0038402320.02 23419520 0038402600. 00 33419720 0038402870. 00 43419495.0038403098.00 53419291.0038402917.00 63419168.0038403190.00 73418414.2938402825.14 *238.6113 Extent of exploration work:

Requirements for exploration investment:

turning point X (starting elevation) Y (ending elevation) ore body identification area identification 13418600.0038402320.02 23419520. 0038402600. 00 33419720.0038402870.00 43419495.0038403098.00 53419291.0038402917.00 63419168.0038403190.00 73418414.2938402825.14 * 238.6113

Resource reserves: The accumulative proven limestone resources for cement within the mining area are 43.626 million tons, including 41.596 million tons of indicated resources and 2.03 million tons of inferred resources; A total of 11.818 million cubic meters of limestone resources for building stones have been identified, including 11.026 million cubic meters of controlled resources and 792,000 cubic meters of inferred resources.

Mining elevation: 238.6m to Development and utilization of 113m

resources: development and utilization in accordance with the reviewed and publicized Plan for Development and Utilization of Mineral Resources of Limestone Mine for Cement in Yanghuling Mining Area, Jingshan City, Hubei Province.

Requirements for mine geological environment protection and land reclamation: development and utilization in strict accordance with the Plan for Non-metallic Mining Green Mine issued by the Ministry of Natural Resources Construction Specification and the Plan for the Development and Utilization of Mineral Resources and Ecological Greening of Cement Limestone Mine in Yanghuling Mining Area, Jingshan City, Hubei Province, which have been reviewed and publicized, have been implemented while mining. According to the standard of green mine construction, the mine completes the declaration of green mine and applies for acceptance within one year of normal production and operation.

Proposed transfer period: 15 years

Starting price: 67.67 million yuan

IV. Transaction price of mining right and payment time and method

Transaction price: 67.67 million yuan

Payment time:

Payment method: Payment

by installments V. The time limit

for applying for mining registration, the payment time of the proceeds from the transfer of mining rights and the time limit for the registration of mining rights shall be stipulated in the Contract for the Transfer of Mining Rights.

6. Ways and means

of raising objections to the publicity content Publicity time: May 8, 2023 to May 19

, 2023 Publicity period is 10 working days, May 8, 2023 to May 19, 2023. If there is any objection to the contents of this announcement, the objector shall submit it in writing to Jingmen Land and Resources Trading Center within the period of publicity. Contact: Xiao Wei, Tel: 0724-2371656.

7. Other contents

This announcement is published simultaneously on the portal website of Jingmen Natural Resources and Planning Bureau and the trading hall of the mining rights online trading system of Hubei Public Resources Property Rights Trading Network.

Jingmen Municipal Bureau of Land and

Resources May 7,